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  • July 25, 2014
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Results 1 - 10 of 217 for financial industry

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  1. Business - Companies - EARNINGS

    Silver Base turns to its CEO for financial help

    Posted Jul 01st 2014, 04:05am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Silver Base turns to chief for financial help Silver Base Group Holdings, one of the mainland's largest distributors of high-end liquor and cigarettes, ... and the slowdown in the mainland economy. "In order to strengthen the capital base of the group and to improve the group's financial position, immediate liquidity and cash flows and otherwise ...

    http://www.scmp.com/business/companies/article/1543914/silver-base-turns-its-ceo-financial-help
  2. Business - Companies - EARNINGS

    Tencent aims to work with regulator on online financial services market

    Posted Mar 19th 2014, 06:17pm by BIEN PEREZ

    ... The more, the merrier." President Martin Lau Chi-ping said the online financial services market was a new industry segment which the regulator wanted to better understand. He described mobile ... Bien Perez bien.perez@scmp.com Mainland's largest listed internet company pledges to work with central bank to ensure online financial services are better regulated Tencent backs push ...

    http://www.scmp.com/business/companies/article/1452515/tencents-q4-net-income-129-cent-slowest-growth-early-2012
  3. Business - Banking & Finance - EARNINGS

    BEA beats rivals with impressive financial results

    Posted Mar 10th 2014, 05:59am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Clean balance sheet and good growth makes BEA the stand-out bank in this results season BEA beats rivals with impressive financial results Bank of East Asia ... results were boosted by an accounting change reflecting a capital gain in its China subsidiary Industrial Bank, but otherwise analysts argue that it faces flat income growth. An emerging economic ...

    http://www.scmp.com/business/banking-finance/article/1444810/bea-beats-rivals-impressive-financial-results
  4. Business - China Business - EARNINGS

    SMIC boosts margins on way to ninth straight profitable quarter

    Posted Jul 22nd 2014, 12:29am by BIEN PEREZ

    ... beneficiary of a new central government policy announced in May which aimed to accelerate the development of the domestic semiconductor industry. "Since the release of our second-quarter gross margin guidance, we have seen an increase in utilisation and improved expense control, exceeding our earlier expectations," SMIC chief financial officer Gao Yonggang said in a company ...

    http://www.scmp.com/business/china-business/article/1557110/smic-boosts-margins-way-ninth-straight-profitable-quarter
  5. Business - China Business - EARNINGS

    Huawei sees solid year after first-half sales grow 19 per cent

    Posted Jul 22nd 2014, 12:29am by BIEN PEREZ

    ... and profit for the first half are in line with our expectations," said chief financial officer Cathy Meng Wanzhou, the daughter of Huawei founder Ren Zhengfei. Meng said the company had built up ... ahead. "We are confident that in 2014 we will achieve sustainable growth, robust operations and healthy financials," she said. Meng said Huawei's consumer business sold its ...

    http://www.scmp.com/business/china-business/article/1557079/huawei-sees-solid-year-after-first-half-sales-grow-19-cent
  6. Business - Companies - EARNINGS

    IBM revenue falls further in second quarter but beats market target

    Posted Jul 19th 2014, 01:58am by BLOOM

    ... The company has faced difficulties in the Chinese market as tensions over cyberhacking have risen between China and the United States. As Rometty tries to navigate IBM through the industry ...

    http://www.scmp.com/business/companies/article/1556525/ibm-revenue-falls-further-second-quarter-beats-market-target
  7. Business - Companies - EARNINGS

    Fast Retailing cuts 2014 profit forecast

    Posted Jul 11th 2014, 01:31am by BLOOM

    ... demand. Retail sales dropped 4.3 per cent in April from a year earlier, easing to a 0.4 per cent decline in May, according to data from Japan's Ministry of Economy, Trade and Industry. Costs ...

    http://www.scmp.com/business/companies/article/1551432/fast-retailing-cuts-2014-profit-forecast
  8. Business - Banking & Finance - EARNINGS

    Japanese banks failing to reward investors

    Posted Jul 05th 2014, 01:51am by BLOOM

    ... takeovers abroad. Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group paid an average 22 per cent of profit to shareholders in the year ended March, data ... The Japanese banks, which sold shares and hoarded profits after the global financial crisis dented their balance sheets, have been expanding overseas as weak credit demand and shrinking interest rates ...

    http://www.scmp.com/business/banking-finance/article/1546981/japanese-banks-failing-reward-investors
  9. Business - Companies - EARNINGS

    Jeweller Luk Fook posts record profit of HK$1.86b after gold binge

    Posted Jun 27th 2014, 01:04am by TIFFANY AP

    ... chief executive William Wong Wai-sheung said. Chief financial officer Kathy Chan said April and May sales fell 56 per cent year on year but that was within expectations as that period last year ... are frequented by more mainland tourists, he said. The company is unlikely to expand further in Macau in the coming financial year given that it recently opened a flagship outlet there- its largest ...

    http://www.scmp.com/business/companies/article/1541297/jeweller-luk-fook-posts-record-profit-hk186b-after-gold-binge
  10. Business - Companies - EARNINGS

    Foxconn chief Gou calls for patience as he invests to tap new markets

    Posted Jun 26th 2014, 01:07am by BLOOM

    ... be patient, don't be in a hurry," Gou said at the annual meeting of Hon Hai Precision Industry, Foxconn's largest unit. "I'm also the biggest shareholder, so if it's bad ...

    http://www.scmp.com/business/companies/article/1540545/foxconn-chief-gou-calls-patience-he-invests-tap-new-markets

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